Dividends

Dividends paid by CAE since 2007 are "eligible dividends" for purposes of the new federal and provincial dividend tax legislation.

Please find below forms for non-Canadian shareholders to use to potentially claim reduced Canadian withholding tax on CAE dividends. CAE makes no representation as to the efficacy of any such form filing and shareholders should take their own tax advice.

Canadian residents who are registered shareholders of CAE Inc. wishing to receive dividends in the form of CAE Inc. common shares rather than a cash payment, may participate in CAE's dividend reinvestment plan. Through this plan, quarterly dividends can be reinvested into CAE common shares at a price equal to the weighted average trading price of the common shares on The Toronto Stock Exchange, for the trading day immediately preceding the dividend payment date.

In order to obtain the dividend reinvestment plan form or for additional information regarding CAE's common shares, please contact:

Canadian residents who are registered shareholders and receive cash dividends may elect to have the dividend payment deposited directly to their bank accounts instead of receiving a cheque. In order to obtain the direct deposit dividend form, please contact Computershare Trust Company of Canada.